China log imports

Wednesday 13 Dec 2017

US logs dominate shipments through Yantian port - According to the
Shenzhen Entry-Exit Inspection and Quarantine Bureau, log imports through
Yantian Port in Shenzhen City were 961,900 cubic metres valued at US$203
million between January and October this year. This represents a 54% increase in
the volume of deliveries. Some 85% of all log shipments arriving at the port were
from the US.

In order to efficiently clear imported logs the number of sites for inspection and
treatment at Yantian Port increased to 320 from 60. The speed at which logs could
be fumigated and cleared was shortened saving money for importers.

New wood product trading centre - The Chongqing Traffic and
Transportation Group has invested RMB2.5 billion to establish an international
wood products trading centre in the Jiangjin Comprehensive Bonded Zone in
Chongqing municipality. This is the third Special Customs Supervision Zone in
Chongqing municipality.

The centre has an online trading platform for wood products such as logs,
sawnwood, wood-based panels, wood pulp. The wood products trading centre will
service western China.

Currently, timbers used for processing in the Chongqing region are sourced mainly
from Zhangjiagang in Jiangsu province so transport costs are high. Transportation
costs will be lowered when the trading centre in Chongqing municipality is in full
operation.

The Jiangjin Comprehensive Bonded Zone was established on 17 January 2017 and
is located on Jiangjin Luohuang Industrial Park.

The centre covers an area of 2.2 square kilometres and is well placed combining
port, road and rail links and will become an important centre in the Yangtze River
Economic Belt as it links Chongqing, Kunming and the Tran-Asia Railway the
starting point for the China/Europe International Railway Corridor.